The FIA announced on Friday in Mexico that it had struck an Accepted Breach Agreement with Red Bull after finding the team had exceeded the $145 million budget cap last year. Red Bull was fined $7m and docked 10% of its aerodynamic testing time in the next 12 months.
Red Bull fiercely denied throughout the saga that it had spent beyond the budget cap, but said on Friday that it accepted the FIA’s proposal in the best interests of F1, ensuring the case did not drag on.
